Jindal Steel at 4-yr low on CBI notice for coal scam probe

In the latest on the Coal scam, the Central Bureau of Investigation (CBI) has sent notice to four Jindal group companies, including JSPL, to join the probe, reports CNBC-TV18 quoting sources.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Buzzing Stocks

Jun 21, 2013, 04.00 PM | Source: Moneycontrol.com

Jindal Steel at 4-yr low on CBI notice for coal scam probe

In the latest on the Coal scam, the Central Bureau of Investigation (CBI) has sent notice to four Jindal group companies, including JSPL, to join the probe, reports CNBC-TV18 quoting sources.

Like this story, share it with millions of investors on M3

Jindal Steel at 4-yr low on CBI notice for coal scam probe

In the latest on the Coal scam, the Central Bureau of Investigation (CBI) has sent notice to four Jindal group companies, including JSPL, to join the probe, reports CNBC-TV18 quoting sources.

Post Your Comments

Share Cancel

Moneycontrol Bureau

Jindal Steel & Power (JSPL) shares slumped nearly 12 percent to touch four-year low of Rs 196 Friday. In regards to the Coal scam, the Central Bureau of Investigation (CBI) has sent notice to four Jindal group companies, including JSPL, to join the probe, reports CNBC-TV18 quoting sources.

Other three Jindal group companies are Gagan Sponge, Jindal Realty and ND Exim.

It is learnt that the CBI has received documents from four Jindal group companies in response.

Earlier last week, the CBI filed FIR against the Jindal Group in the coal scam . The FIR names Congress MP Naveen Jindal and former Minister of State for Coal Dasari Narayan Rao.

The FIR has accused Jindal and his company Jindal Power and Steel of misrepresentation of networth and concealing previous allotment. They are also charged with cheating and forgery.

At 14:34 hours IST, the stock was quoting at Rs 200.20, down 9.88 percent amid hefty volumes on the Bombay Stock Exchange.

Trading volumes increased 239 percent to 25,25,939 equity shares as compared to its five-day average of 7,45,094 shares.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Jindal Steel at 4-yr low on CBI notice for coal scam probe

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login